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Should I Ever Consider a Balloon Mortgage?
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays Nov 17, 2021
What is a Mortgage Contingency?
When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforw Nov 10, 2021
How to Prepare Your Home for an Appraisal
After you’ve accepted an offer to sell your home, your property will be appraised to see if it's worth what the buyer is offering. This appraisal is crucial to making sure the sale goes through smooth Nov 03, 2021
Happy Halloween
All of us at Redwood Mortgage Services would like to wish you and your family a safe and Happy Halloween.Thank you for being such a valued part of our business. Oct 27, 2021
Americans Home Equity is at a Record High
With the housing market on fire, home prices have steadily risen for the past several years. The result has been an enormous amount of home equity for American homeowners. In fact, according to mortga Oct 20, 2021